I don't believe it will damage a saw, but unless it is a higher performance modified saw, you will get no additional gains. Likely you will get pre-ignition knock using it in a stock saw, the fuel/air mixture igniting too soon before reaching higher compression.
I believe that there is discussion at the chainsaw performance forum about modifying a carb for methanol. I seem to remember it was pretty complicated, but some folks are trying to work around the problem.
Sure hope that such a mandate never happens here....might have to go to using aviation fuel.
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